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Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
 China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and production capex (E&P) in 2015 and 2016 due to persistently low crude-oil prices, Fitch Ratings says in an Outlook report.
Fitch believes upstream production shrinkage could be steeper in 2017 than our forecast of a 6%-8% fall in 2016. The Big-Three national oil companies - China National Petroleum Corporation , China Petroleum & Chemical Corporation (Sinopec) (A+/Stable) and CNOOC Limited (A+/Stable) - may also revise down their reserves further.
Fitch believes Chinese oil & gas companies' ability to significantly improve free cash flow will be limited in 2017 - despite stabilising oil prices - in light of reinvestment needs aimed at reserve replacements, and at Fitch's assumption of an average oil price of USD45 per barrel in 2017. Falling domestic production can, however, further narrow the gap between the benchmark Brent price and the oil companies' realised oil prices; that gap had widened significantly in 2016, and materially affected their cash generation.
Margins for refining and chemical operations in 2017 are also likely to narrow, especially with oil prices having rebounded slightly since 2H16, though these sectors are likely to be more profitable than E&P for integrated companies, such as Sinopec and CNPC/PetroChina, at the assumed oil-price level.
Oilfield-services companies are likely to see an increase in domestic project volumes in 2017, though rates are unlikely to recover significantly; independents will be further plagued by prolonged receivable turnover.
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Monday, 21 November 16
CHINA IS ESTIMATED TO SEE HIGHEST IMPORTED COAL DEMAND LEVEL IN 2017, POLL SAYS
“Which country is estimated to see highest imported coal demand level in 2017?”
The on-line opinion poll conducted by COALsp ...
Monday, 21 November 16
KOMIPO IS LOOKING FOR 140K MT OF SUB-BITUMINOUS COAL FOR FEB-MAR 2017 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 140,000 Metric Tons of Sub-Bituminous coal for i ...
Monday, 21 November 16
BALTIC DRY INDEX SURGES TO 1257 POINTS W/E 18 NOV; BPI ROSE 37.3% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally continues this past week and ending on a positive n ...
Friday, 18 November 16
CAPESIZE: THE COMMODITIES PRICES ARE INCREASING, RESULTING IN MORE DEMAND AND CONSEQUENTLY RATES ARE MAKING A BIG JUMP - FEARNLEYS
Supramax
Apart from booming S. Africa where owners have obtained USD 14-15k to MEG/India and around mid USD 12k to China, the Pacific market has ...
Friday, 18 November 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.8 MMST, DOWN 0.8%, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
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Showing 2206 to 2210 news of total 6871 |
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- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Planning Commission, India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Australian Coal Association
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- The University of Queensland
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
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